SCHD vs SPTE

SCHD vs SPTE

Which is better, SCHD or SPTE?

Large Cap Value against Large Cap Blend.

SCHD has a lower expense ratio. SPTE led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 66.3%.

Lower Fees: SCHDHigher Returns: SPTELess Concentrated: SCHD

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricSCHDSPTE
Expense Ratio0.06%Best0.55%
AUM$112.1B$231M
Dividend Yield3.00%0.71%
Holdings103106
YTD Return+21.99%+38.96%Best
1Y Return+25.92%+44.12%Best
3Y Return (annualized)+15.66%-
5Y Return (annualized)+9.48%-
Volatility (annualized)13.1%Best22.0%
Max Drawdown-16.1%Best-25.6%
$10,000 over 2.8 years$15,079$24,852Best
Top 10 Weight41.8%Best66.3%
Fund FamilyCharles Schwab Asset ManagementSP Funds
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Blend
InceptionOct 20, 2011Nov 30, 2023

Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 1, 2023 to Sep 23, 2026 (2.8 years).

SCHD vs SPTE growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.8 years both funds cover.

SCHD vs SPTE Performance

Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and SP Funds S&P Global Technology ETF (SPTE) is an ETF from SP Funds. Over the past year SCHD returned +25.92% while SPTE returned +44.12%. Year to date, SCHD is up 21.99% versus a gain of 38.96% for SPTE.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPTE has been the more volatile fund, with annualized monthly volatility of 22.0% compared with 13.1% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -16.1% for SCHD and -25.6% for SPTE. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.10. They move largely independently of each other.

Fees and Cost Over Time

SCHD charges 0.06% per year while SPTE charges 0.55%. On a $10,000 position that is $6 vs $55 annually, a gap of $49 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.71% for SPTE.

Holdings Overlap

SCHD already in SPTE8.7%
SPTE already in SCHD1.4%

8.7% of SCHD's money is in holdings SPTE also owns. 1.4% of SPTE's money is in holdings SCHD also owns.

SCHD and SPTE share little of their money.

4 positions in common, counted across the 100 positions we hold weights for in SCHD and 102 in SPTE, against full books of 103 and 106.

What only one of them owns

Our book lists 66 positions for SPTE that do not appear in our book for SCHD (57.7% of the fund), and 95 for SCHD that do not appear in SPTE (91.2%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in SCHDWeight in SPTEDifference
TXNTexas Instrument Inc3.13%0.59%2.54%
ACNAccenture Plc2.84%0.29%2.55%
QCOMQualcomm Inc.2.52%0.46%2.06%
SWKSSkyworks Solutions Inc.0.25%0.03%0.22%

You are not choosing between two funds in isolation.

Whichever of SCHD and SPTE you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

SCHDSPTE

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, SCHD or SPTE?

SCHD has an expense ratio of 0.06% while SPTE charges 0.55%. SCHD is the cheaper option, by $49 a year on a $10,000 investment.

Which performed better, SCHD or SPTE?

Over the past year SCHD returned +25.92% vs +44.12% for SPTE, so SPTE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, SCHD or SPTE?

SPTE has been the more volatile fund at 22.0% annualized versus 13.1% for SCHD. Worst drawdown: SCHD -16.1% vs SPTE -25.6%.

Should I hold both SCHD and SPTE?

SCHD and SPTE have a monthly-return correlation of 0.10, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between SCHD and SPTE?

8.7% of SCHD's money is in holdings SPTE also owns. 1.4% of SPTE's is in holdings SCHD also owns. They hold 4 positions in common, counted across the 100 positions we hold weights for in SCHD and 102 in SPTE.

Which pays a higher dividend, SCHD or SPTE?

SCHD yields 3.00% while SPTE yields 0.71%, so SCHD currently pays the higher dividend yield.

Is SPTE better than SCHD?

SCHD has a lower expense ratio. SPTE led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 66.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.